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20121202
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
of the election. issues like entitlement reform and new revenue, but he's going to have to do something big. there's been a four-year course of he doesn't get along with either party, doesn't make the kind of effort you're talking about. i don't think there's any doubt he's going to, particularly john boehner, find some human interconnection moment that says we're doing this. and that's when the tough part starts. because once there's a leader deal, getting it through the house, whatever the terms of it is going to be super hard. >> i was with a group of businessmen last night, and their question was, why don't the people in washington do what we do when there's an important decision that comes up? why don't they get into a room and hammer it out, get some food, drinks, whether it's a couple days, get them helicopters, and go to camp david. you get in a room together -- >> the president -- the president doesn't like doing that. he's not comfortable doing that. and jon meacham, that is not the opinion of a pundit, that is a matter of historical record for his first four years. is it not? >> that's
a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al
the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put
. they can't govern either. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of president obama's likely pick to follow tim geithner at treasury. we talked about how buffett threw out jamie dimon's name. here is what moynihan thinks about that idea. >> i won't give individual names, but i think what warren is expressing a view which i agree with is that we need to have very bright, very talented and very broad experience
, the former companisy campaign manager of president obama's re-election campaign. howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well,
square and near the presidential palace. they're very upset that their newly elected democratic president morsi is doing things that they not so democratic. he is trying to make it so his decisions are not subject to judicial review. at least six civilians have been killed and hundreds injured in the violence. president obama called his egyptian counterpart yesterday to express concern about the situation that seems to be spinning out of control. he urged president morsi to meet with and negotiate with the opposition. >>> and then there is syria, where nbc news reports the assad regime is preparing chemical weapons that can be loaded on the missiles. and human rights groups say more than 40,000 people have been killed in the last 21 months. we here in america are really intent right now on how we will rewrite our tax code. but if matters in egypt and syria or israel and the palestinian territories which are already getting pretty deadly and tragic and chaotic, if they get worse, the crisis about high end marginal tax cuts will begin to look a lot less like a crisis in comparison. ♪ if i
Search Results 0 to 7 of about 8 (some duplicates have been removed)